Legal Question in Business Law in California

accounting control issue

CEO of company A is co-owner of company B. The other owner of company B is hired @ company A and directs employees of company B to do consulting work for A. He is creating profits for his own company unnecessarily and marking up any costs incurred.


Asked on 1/04/08, 12:01 am

1 Answer from Attorneys
Terry A. Nelson Nelson & Lawless

Re: accounting control issue

And your question is?

Any shareholders damaged by such misconduct could bring a shareholders suit. If that is you, and you've been damaged, feel free to contact me for the legal help you'll need.

Read more
Answered on 1/04/08, 12:48 pm


Related Questions & Answers

More Business Law questions and answers in California